How modestly increasing inventory levels are impacting home buyers
Nationally, the number of homes for sale has reached a post-pandemic high.
Active listings in Wellesley are still below pre-pandemic numbers, however the gap is narrowing. Pre-pandemic, there were 100+ homes on market in Wellesley at any given time. After setting a post-pandemic record this spring with 51 homes on market; the number of homes on market has hovered around 40 all summer.
As inventory increases, buyers are benefiting from price reductions and more choice in the market. Will the housing market continue to shift in a more buyer-friendly direction this fall?
